WFT is a flawed stock. All of its competitors are up significantly today, including BHI, RIG, HAL, SLB. Seriously, RIG had a horrible earnings report. Their stock sold off and now has recouped most of its losses.
saint... I hope investors with this stock are prepared when volitility sets in. We invested in the 80s with Damson Oil and Petro Lewis. They performed well for 2 years; made us an offer in stock buy back we could not refuse. Two years later they both went bankrupt and folded. Owning shares in this type business also require special handling at tax time, with depreciation in oil reserves, etc. Think I'll pass up on this for now. Good luck to all. retiredafe8